The latest from the Black Country 

Fortune Favours Bold Businesses

Companies and organisations across the Black Country will gather next week (26 April) to discuss the importance of bold behaviour in fuelling growth, led by one of the UK’s largest water retailers, Business Stream, in partnership with the Black Country Chamber of Commerce.

Business Stream’s commercial director James Cardwell-Moore will share the results of the company’s specially commissioned research exploring the link between boldness and business growth, at a breakfast event on Wednesday 26 April at Molineux Stadium, Wolverhampton.

The research, undertaken by the British Chamber of Commerce, provides insight into the attitudes and behaviours of 400 business leaders across the UK. It shows that whilst more than 90% of leaders have ambitions for growth, 44% have no formal growth strategy in place.

The study also assesses how British businesses, of all sectors, sizes and locations, are approaching growth in the current climate, and whether there are any common denominators underlying the UKs most successful companies.

James will share Business Stream’s experiences driving and implementing significant change in the water sector, outlining how boldness has played a crucial part in the company’s growth. Last summer Business Stream acquired the non household customer base of Southern Water, increasing its foothold in England and making it the third largest water retailer in the UK.

Next Thursday’s event comes weeks after the opening of the £2.5 billion English water market at the start of April, which enabled 1.2 million businesses and public bodies in England to choose their water supplier for the first time.

James will be joined by Paycare’s Chief Executive Kevin Rogers and Shnayde Murphy, the Marketing and Communications Executive at Novo CSV Ltd who will share their own experiences. The research is a follow-up to a study carried out by the company in 2015 which found that only a fifth of British businesses believe they operate ‘boldly’.

James Cardwell-Moore said: “Boldness in business is about being clear, defined and ambitious in business decisions, taking calculated risks when stepping out of your comfort zone, and most importantly, being brave.

“Boldness has become part of our ethos, helping us to deliver the world’s first competitive water market. We understand only too well that you need to be adaptable and decisive, planning your strategy for growth and taking calculated risks when necessary. With this in mind, I look forward to meeting various types of businesses from across the Black Country to hear what motivates their decision making, and share the findings of our own bold research.”

The breakfast event, running in partnership with the Black Country Chamber of Commerce, runs from 08:00am until 10:00am and is free to attend.

Scotland’s non-domestic market, which covers all premises across private and public sector organisations, opened to competition in April 2008. Since then Business Stream customers have saved more than £160 million on their water bills.

Please click here to register your free place for this event and for more information.

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